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A residential project has the following information: - Four major activities are scheduled across a 4-month time span (shown in the below bar chart). -

image text in transcribedimage text in transcribedimage text in transcribed A residential project has the following information: - Four major activities are scheduled across a 4-month time span (shown in the below bar chart). - Assuming the monthly indirect cost (i.e., site office costs, telephone, heat, light, and supervisory salaries) is $5,000. - Assuming the direct costs are evenly distributed across the duration of the activity T What is the total cost at month 3 ? For the same residential project, if the contractor will receive 13.4% of the contract price as advance payment, how much money the contractor is expected to received from the owner at month 3 ? For the same residential project, if: - The markup is 8% - The owner retains 10% of all validated progress payment until completion How much money the contractor is expected to receive from the owner a month 3

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